Explosive Growth
The ecommerce industry is experiencing explosive growth worldwide. Ecommerce sales are expected to make up 22% of global retail sales by 2023, up from just 14.1% in 2019. This trend is particularly pronounced in regions like Asia-Pacific, where ecommerce sales are projected to make up nearly a quarter of all retail sales by 2023.
The Rise of Mobile Commerce
One major trend driving this growth is the rise of mobile commerce, or m-commerce. In fact, it is projected that supersede one-half of all ecommerce sales by 2023. Having a mobile-optimized ecommerce site is no longer just a good idea- it is a necessity.
Social Shopping
Combining social media and ecommerce, social shopping is expected to be a key growth driver in the coming years. Instagram, Facebook and Pinterest are leading the pack when it comes to social shopping, but other platforms are quickly catching up. Brands that can effectively leverage the power of social media to drive ecommerce sales will likely enjoy significant success in the near future.
Ecommerce Automation
Lastly, ecommerce automation is another major trend on the horizon. With automation, retailers can effectively manage their inventory, order fulfillment, and customer service. Furthermore, automation tools can help businesses streamline operations, improve efficiency, and increase profitability. It's clear that as we head into 2023, automatization will play a key role in shaping the ecommerce landscape.
Consultants In-A-Box: Your Ecommerce Partner
All of these trends signify a game-changing opportunity for businesses. But with opportunity comes challenge- it’s not easy to navigate the ever-changing ecommerce landscape. But don’t worry! Consultants In-A-Box can help. With our years of experience and deep expertise, we can help you capitalize on these trends and implement successful ecommerce strategies. Whether you need help optimizing your mobile site, leveraging social shopping, or implementing automation tools, Consultants In-A-Box has got you covered.
Contact Us Today
Ready to take your ecommerce business to the next level? Contact Consultants In-A-Box today. We’re here to help you navigate the future of ecommerce and position your business for success in 2023 and beyond.
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